Indian Energy Exchange
142.02
+3.66(+2.65%)
Market Cap₹12,663.82 Cr
PE Ratio26.37
Company Performance:
1D+2.65%
1M+0.59%
6M-31.71%
1Y-17.93%
5Y+89.16%
View Company Insightsright
More news about Indian Energy Exchange
09Jan 26
IEX Shares Fall 4.66% After CERC Stays Market Coupling Order Implementation
Indian Energy Exchange shares fell 4.66% to ₹143.10 on Friday after CERC stayed its market coupling order implementation. The stock traded between ₹140.20 and ₹160.30 after opening flat at ₹150.00. APTEL determined that market coupling will not be implemented until proper regulations are established, with the next hearing scheduled for January 19, 2026. The proposed system would have unified electricity pricing across exchanges, potentially reducing IEX's control over price discovery and increasing competitive pressures in the sector.
09Jan 26
APTEL Clarifies No Conclusion Reached on Indian Energy Exchange Case
APTEL has officially clarified that no conclusion has been made regarding the ongoing case involving Indian Energy Exchange. The statement provides transparency about the current status of proceedings, indicating that the matter remains under active consideration by the appellate tribunal.
09Jan 26
IEX Case Hearing Postponed to January 19 by APTEL
The Appellate Tribunal for Electricity has postponed the case hearing involving Indian Energy Exchange to January 19. This procedural update reflects ongoing legal proceedings under APTEL's jurisdiction, with the tribunal rescheduling the matter to allow for proper case preparation and judicial consideration.
09Jan 26
APTEL Registrar Clarifies CERC's Independence in Market Coupling Regulatory Decisions
APTEL Registrar has advised CERC that it maintains full regulatory independence when developing market coupling regulations and should not be constrained by ongoing legal proceedings. This guidance clarifies that regulatory decisions on market coupling should proceed independently of concurrent litigation, ensuring autonomous decision-making authority for CERC. The development has significant implications for power market participants and supports continued progress in India's electricity market infrastructure evolution.
09Jan 26
APTEL Confirms CERC Will Delay System Implementation Until Proper Regulations Are Established
APTEL has confirmed that CERC will not implement its system until proper regulations are established, providing regulatory clarity for the electricity market. The tribunal's statement emphasizes a measured approach to implementation, ensuring comprehensive regulations are in place before proceeding. This clarification affects the operational framework for market participants including Indian Energy Exchange, allowing them to plan accordingly while regulatory foundations are being established.
09Jan 26
CERC Legal Counsel Advocates Regulatory Framework for Market Coupling Implementation
CERC's legal counsel has told a tribunal that market coupling in India's electricity sector should be implemented only through proper regulatory mechanisms. This position affects the Indian Energy Exchange and emphasizes the importance of following established procedural frameworks for major market reforms. The regulatory approach prioritizes compliance and systematic implementation over expedited market changes.
09Jan 26
IEX Shares Fall 13% Following Tribunal Hearing on Market Coupling Norms Dispute
Indian Energy Exchange shares declined over 13% from Thursday's high following the January 9 Appellate Tribunal for Electricity hearing on the company's case against CERC's market coupling norms. The significant share price movement reflects investor concerns about ongoing regulatory challenges facing the power exchange operator.
09Jan 26
IEX Shares Swing As CERC Clarifies Coupling 'Order' As 'Direction' — Details Inside
Indian Energy Exchange shares surged 6.78% to ₹160.27 before retreating as CERC issued a corrigendum converting market coupling 'order' to 'direction' amid ongoing APTEL hearings. IEX challenged the framework as arbitrary and violating natural justice principles, while APTEL emphasized CERC's need for independence and urgency in addressing irregularities. Market coupling would aggregate bids from all power exchanges under a single clearing price, representing a major shift from the current system where each exchange sets independent prices.
09Jan 26
Indian Energy Exchange Updates on CERC's Market Coupling Corrigendum
Indian Energy Exchange Limited has updated stock exchanges about a CERC corrigendum dated January 8, 2026, clarifying that "Order" references in July 23, 2025 market coupling publication should be read as "Directions". The clarification pertains to Petition No. 8/SM/2025 regarding phased market coupling implementation under CERC Power Market Regulations, 2021.
09Jan 26
IEX Market Coupling Case: CERC Lawyer Seeks Additional Time for Response on Coupling Order Withdrawal
CERC's legal counsel has requested additional time to respond on the withdrawal of the market coupling order in the ongoing Indian Energy Exchange case. This procedural development highlights the complexity of regulatory issues surrounding electricity market operations. The extended timeline suggests careful consideration of the coupling mechanism's withdrawal implications for India's power exchange sector.
09Jan 26
IEX Market Coupling Case: CERC Provides No Clarity on Order Withdrawal at APTEL
The Indian Energy Exchange market coupling case faces regulatory uncertainty as CERC has not provided clarity on the withdrawal of the market coupling order at APTEL. This lack of communication creates challenges for power trading stakeholders who require clear regulatory guidelines for operational decisions and long-term planning in the electricity market.
09Jan 26
IEX Shares Drop 10% After CERC Issues Market Coupling Circular Ahead of APTEL Hearing
Indian Energy Exchange shares fell 10% from their intraday high of ₹160.00 to trade flat at ₹150.00 on January 9 following a CERC circular issued ahead of the APTEL hearing on market coupling norms. The regulatory body clarified that the July 2025 order should be read as directions, providing important guidance on market coupling implementation. The stock's volatility reflects investor sensitivity to regulatory developments in the power trading sector.
09Jan 26
IEX Shares Drop 4% Ahead of APTEL Market Coupling Hearing
Indian Energy Exchange shares fell 4% on Friday, January 9, ahead of the APTEL hearing on the market coupling case, after initially gaining 6% during the session. CERC issued a circular clarifying that its July 2025 order should be treated as a 'direction' rather than an 'order'. The 10% intraday swing from highs to lows reflects market uncertainty about the hearing's outcome and its implications for the power trading sector.
09Jan 26
CERC Announces July 2025 Order Consideration for Indian Energy Exchange
CERC has announced that a July 2025 order will be considered for Indian Energy Exchange, with no changes expected in current operations. The regulatory body has provided clarity on the timeline while ensuring operational continuity for the power trading platform.
09Jan 26
IEX Shares Rise 1.5% Ahead of Electricity Tribunal Hearing on Market Coupling Case
Indian Energy Exchange shares gained 1.5% ahead of the Electricity Appellate Tribunal hearing on the market coupling case. The hearing could conclude the dispute if CERC confirms withdrawal possibility of its July 2025 order. IEX challenges the order as arbitrary, seeking to protect its 85% market share in India's spot power market.
09Jan 26
IEX shares in focus ahead of APTEL hearing on market coupling case
Indian Energy Exchange shares are in focus as APTEL prepares to hear market coupling case arguments on January 9. CERC's willingness to reconsider its July 23, 2025 order has boosted sentiment after the original market coupling mechanism threatened IEX's 85% spot market dominance. APTEL had criticized the regulatory process as lacking transparency and independence, leading to the current reconsideration.
07Jan 26
Bernstein warns of regulatory storm for IEX as market-coupling case plays out
Bernstein Research warns of regulatory risks for Indian Energy Exchange despite recent positive court developments, maintaining an 'Underperform' rating. IEX shares rallied 15% over two sessions as APTEL questioned the market-coupling framework formulation. The company reported steady Q3 FY26 performance with electricity volumes rising 11.9% year-on-year to 34.08 billion units, while power prices declined due to improved supply conditions from hydro, wind, and coal sources.
07Jan 26
IEX Fundamentals Remain Strong Despite Market Coupling Overhang: Elara Capital
Expert analysis reveals IEX has faced significant valuation derating due to market coupling regulatory uncertainty, with PE multiples falling from 45-50x to 27-28x despite strong operational performance including 19% volume growth in FY24. The exchange continues to demonstrate robust fundamentals with Q3 FY26 trading volumes of 34.08 billion units, up 11.9% year-on-year, though regulatory implementation could impact future earnings and market share significantly.
06Jan 26
IEX Calls 14% Share Price Surge 'Market Driven' After Court Hearing
Indian Energy Exchange addressed the 14% intraday surge in its share price, clarifying to BSE that the movement was market-driven following APTEL's resumed hearing on the controversial market coupling mandate. During court proceedings, IEX's legal counsel raised serious procedural objections regarding a Power Grid Corp report that allegedly hasn't been shared with the exchange, questioning CERC's rationale for proceeding with market coupling. The company also reported robust Q3 FY26 business performance with electricity trading volumes reaching 34.08 billion units, marking nearly 12% year-on-year growth.
06Jan 26
Indian Energy Exchange Executes ₹18.88 Crore Block Trade on NSE
Indian Energy Exchange Limited completed a major block trade on NSE worth ₹18.88 crores, involving approximately 1,277,603 shares at ₹147.81 per share. This substantial institutional transaction reflects significant market activity and demonstrates continued investor interest in the energy trading platform.
06Jan 26
IEX Shares Jump 10% As APTEL Resumes Hearing On Market Coupling Case
Indian Energy Exchange shares jumped 10% to Rs 147 as APTEL resumed hearing on the market coupling case, with IEX's legal team raising serious procedural objections about an unavailable Power Grid report and questioning CERC's decision rationale. The positive market response was further supported by strong Q3 business results showing 12% growth in electricity trading volumes to 34.08 billion units, demonstrating operational resilience amid regulatory challenges.
05Jan 26
IEX Power Trade Volumes Rise 2.8% to 11.44 Billion Units in December 2025
Indian Energy Exchange reported 2.8% YoY growth in electricity trading volumes to 11.44 billion units in December 2025. The Real-Time Electricity Market surged 20.5% to 3,833 million units, while Day-Ahead Market declined 11.6% to 5,899 million units. Term-Ahead Market segment showed exceptional 87% growth to 931 million units. Green Market volumes remained flat with marginal 0.5% decline, and REC trading dropped significantly by 53.7% to 7.7 lakh certificates.
05Jan 26
IEX Reports 34.08 BU Q3FY26 Volume Growth of 11.9% with Strong RTM Performance
Indian Energy Exchange delivered strong Q3FY26 performance with 34.08 BU electricity traded volume, marking 11.9% year-on-year growth. The Real-Time Market segment emerged as a standout performer with 35.7% growth, while market clearing prices declined due to increased supply from hydro, wind, and coal-based power generation.
26Dec 25
IEX Shares Slide 4% as CERC Introduces VPPA Framework Amid Trading Concerns
Indian Energy Exchange shares declined 4.20% after CERC introduced Virtual Power Purchase Agreement framework enabling large consumers to meet renewable energy obligations without physical power delivery. The new bilateral, non-tradable contracts raise concerns about potential impact on exchange trading volumes, with the stock trading near 52-week lows amid weak technical indicators.
03Dec 25
IEX Reports 17.7% YoY Growth in November Electricity Trading Volume Amid Price Decline
Indian Energy Exchange (IEX) saw a 17.7% year-on-year increase in monthly electricity trading volume, reaching 11,409 MU in November. The Real-Time Market segment grew by 40.2% to 4,233 MU. However, average electricity prices decreased, with Day-Ahead Market prices falling 6.9% to Rs 3.07/unit and Real-Time Market prices dropping 9.2% to Rs 3.14/unit. The volume growth and price decline are attributed to increased renewable energy generation, benefiting power distributors and consumers with more competitive pricing.
07Nov 25
IEX Reports 16% Volume Growth in Q2FY26, RTM Segment Surpasses DAM for First Time
Indian Energy Exchange (IEX) reported robust Q2 FY26 results with electricity trading volume reaching 35.2 billion units, up 16.1% year-on-year. Revenue increased by 9.2% to Rs. 183.30 crores, while profit after tax rose 13.9% to Rs. 123.40 crores. The Real-Time Market segment achieved a 36% share of volumes, surpassing the Day-Ahead Market for the first time. IEX's subsidiary, Indian Gas Exchange (IGX), also showed strong growth with a 37% increase in gas trading volume and a 57% rise in profit after tax.
04Nov 25
IEX Reports 16.5% Growth in October 2025 Electricity Trading Volume
Indian Energy Exchange (IEX) saw a 16.5% year-on-year increase in total electricity traded volume, reaching 11,233 MU in October 2025. Real-Time Market volume surged by 46.8% to 4,583 MU, while Day-Ahead Market volume grew by 6.7% to 4,684 MU. Green Market volume increased by 21% to 1,055 MU. Electricity prices declined significantly, with Day-Ahead Market prices dropping 32% to Rs 2.67 per unit and Real-Time Market prices falling 27.8% to Rs 2.73 per unit. The Renewable Energy Certificates trading volume rose by 39.4% year-on-year.
01Nov 25
IEX Projects 15-20% Volume Growth for FY26, Signaling Optimistic Outlook
Indian Energy Exchange (IEX) has announced a projected 15-20% increase in trading volumes for the fiscal year 2026. This forecast was shared during a recent conference call with stakeholders. The projection is supported by IEX's recent financial performance, which shows growth in total income and net profit. The Q2 FY26 total income from operations was ₹18,326.81 lakh, up from ₹16,776.88 lakh in Q2 FY25. Net profit after tax for Q2 FY26 reached ₹12,334.67 lakh, compared to ₹10,832.37 lakh in the same quarter of the previous year.
30Oct 25
IEX Reports 13.9% Rise in Net Profit to ₹123.3 Crore; Shares Fall 3.57% Amid Regulatory Challenges
Indian Energy Exchange (IEX) announced strong Q2 results with a 13.9% increase in consolidated net profit to ₹123.3 crore. Revenue from operations grew 10.5% to ₹153.9 crore, and EBITDA rose 11.4% to ₹133.4 crore. The company's operating margin improved to 86.7%. Electricity market volumes increased by 16.1% to 35.2 billion units. However, IEX faces regulatory challenges with an ongoing case against CERC's market coupling directive, with the next APTEL hearing scheduled for November 28. Despite positive financials, IEX shares closed 3.57% lower at ₹143.35 on the NSE.
30Oct 25
IEX Shares in Focus: Market Coupling Case Hearing and Strong IGX Volumes Expected
Indian Energy Exchange (IEX) is under the spotlight as the Electricity Appellate Tribunal reviews its plea on market coupling norms. The tribunal has requested IEX to file a revised plea, including new respondents such as Grid Corporation of India, Power Exchange of India, and Hindustan Power Exchange. This comes after IEX shares dropped 30% following regulatory approval of market coupling implementation for the Day Ahead Market, set for January 2026. The new system aims to establish uniform pricing across exchanges. Despite recent challenges, IEX's subsidiary, Indian Gas Exchange (IGX), projects growth from 2% to 4-5% market share by 2030, with expectations of strong volumes due to stable gas prices and favorable policies.
24Oct 25
IEX Schedules Q2 Results Review for October 30
Indian Energy Exchange (IEX) has scheduled a board meeting for October 30, 2025, to review its Q2 and H1 financial results for the period ending September 30, 2025. The company will examine both standalone and consolidated unaudited financial results. IEX has closed its trading window for dealing in company shares, which will reopen 48 hours after the results declaration. This announcement complies with SEBI regulations and demonstrates IEX's commitment to transparency.
17Oct 25
SEBI Uncovers Massive Rs 173 Crore Insider Trading Scheme in Indian Energy Exchange Shares
SEBI has uncovered an insider trading case involving IEX shares, where eight individuals illegally profited Rs 173 crore. The scheme centered on purchasing put options before a significant market event that caused IEX stock to crash by nearly 30%. Bhoovan Singh, the group leader, made Rs 72 crore in illicit gains. The leak originated from confidential CERC meetings, with two CERC officials implicated. Evidence included access to internal documents and photographs of confidential meetings. SEBI has barred all eight individuals involved in the scheme.
15Oct 25
SEBI Bars 8 Individuals from Markets for Alleged Insider Trading in IEX Shares Worth Rs 173 Crore
SEBI has issued a temporary order barring eight individuals from capital markets for alleged insider trading in Indian Energy Exchange (IEX) shares. The illegal gains from these activities reportedly exceed Rs 173.00 crore. The order follows SEBI's investigation into suspicious trading activity around the Central Electricity Regulatory Commission's market coupling directive. SEBI found coordinated trading using unpublished price sensitive information, which created market imbalance.
14Oct 25
IEX Faces Electricity Tribunal Proceedings: Hearing Set for October 2025
Indian Energy Exchange (IEX) is scheduled for a hearing before the Electricity Tribunal on October 30, 2025. The tribunal has directed IEX to file a new plea including additional respondents. All respondents must submit their replies before the hearing date. This extended timeline suggests a complex case with potential implications for the energy trading sector in India.
06Oct 25
IEX Reports Robust 16.1% Growth in Q2FY26 Electricity Trading Volume
Indian Energy Exchange (IEX) achieved a 16.1% year-over-year growth in electricity trading volume, reaching 35,217 Million Units (MU) in Q2FY26. The Real-Time Market saw a 39.1% increase, while the Green Market grew by 17.7%. Average prices in the Day-Ahead and Real-Time markets decreased by 12.5% and 16.1% respectively, due to increased supply liquidity. September 2025 showed continued growth with a 7.1% increase in monthly traded volume. The Day-Ahead Market grew by 1.4%, while the Renewable Energy Certificate Market experienced a 29.8% decline compared to the previous year.
04Sept 25
IEX Reports 19% Surge in Monthly Trading Volumes Amid Lower Power Prices
Indian Energy Exchange (IEX) saw a significant increase in monthly trading volumes for August, reaching 11,803 million units (MU), up 18.9% year-on-year. The Real-Time Electricity Market (RTM) was a standout performer with a 44% growth, while the Day-Ahead Market (DAM) grew by 3%. The Green Market recorded a 7% increase. Despite higher volumes, power prices declined, with DAM prices falling 7% to ₹4.00 per unit and RTM prices dropping 6% to ₹3.38 per unit. Renewable Energy Certificate trading also increased by 2.5%.
18Aug 25
NSE Unveils New Calculator for Monthly Electricity Futures Pricing, Impacting IEX
The National Stock Exchange (NSE) has introduced a new calculator tool for pricing monthly electricity futures contracts. This development is expected to impact the Indian Energy Exchange (IEX) and enhance the efficiency of the electricity futures market. The tool aims to improve pricing mechanisms, potentially influencing how electricity futures are valued and traded on the IEX platform. This initiative demonstrates NSE's commitment to increasing market efficiency and transparency in the electricity futures segment.
05Aug 25
IEX Reports 25.5% Volume Growth in July Despite Price Decline and Market Coupling Concerns
Indian Energy Exchange (IEX) saw a 25.5% year-on-year increase in electricity traded volumes for July, reaching 12,664 million units. The Day-Ahead Market volumes rose 9% to 5,510 MU, while the Real-Time Electricity Market volumes surged 53% to 5,109 MU. Despite volume growth, prices declined with Day-Ahead Market clearing prices falling 16% to ₹4.18 per unit and Real-Time Market prices dropping 23% to ₹3.83 per unit. The Green Market segment traded 1,025 MU, showing 4% growth. However, Renewable Energy Certificates saw a 48% decrease. IEX faces potential challenges from the upcoming implementation of Market Coupling norms by January 2026, which could impact its dominant market position.
01Aug 25
IEX Reports Strong Q1 FY26 Results Amid Regulatory Changes in Power Market
Indian Energy Exchange Limited (IEX) reported robust Q1 FY26 financial results with revenue up 19.2% to INR 184.20 crores and PAT increasing 25.2% to INR 120.70 crores year-on-year. Total electricity trading volume grew 15% to 32.4 billion units, with significant growth in Real-Time Market (41%), Green Market (51%), and REC trading (150%). Despite volume growth, average prices declined in Day-Ahead and Real-Time markets. CERC's order on market coupling implementation by January 2026 could impact IEX's market share. The company remains optimistic about future prospects, awaiting approvals for market expansions and noting strong growth in its associate, Indian Gas Exchange.
28Jul 25
IEX Shares Plunge 9% Amid Market Coupling Concerns, Brokerages Slash Targets
Indian Energy Exchange (IEX) shares fell 8.9% to Rs 132.15 due to ongoing market coupling concerns, despite recent strong quarterly results. The decline follows a previous 30% single-day drop after CERC approved market coupling regulations. Brokerages like Nuvama and Jefferies have lowered their target prices and expect IEX's market share to decrease significantly in the coming years. IEX reported a 25% increase in profit and 19% rise in revenue for the quarter, but long-term regulatory impacts are expected to outweigh short-term performance.
25Jul 25
IEX Reports Strong Q1 FY'26 Results Amid Market Coupling Announcement
Indian Energy Exchange (IEX) reported robust Q1 FY'26 results with 19.2% YoY revenue growth to ₹184.20 crore and 25.2% PAT increase to ₹120.70 crore. Electricity trading volume grew 14.9% to 32.4 BU. The company faces potential challenges from a recent market coupling announcement for the Day-Ahead Market, set to be implemented by January 2026. Managing Director Rohit Bajaj expects some earnings impact but believes IEX is well-positioned to handle increased competition. The Real-Time Market and diversification into gas and carbon markets are seen as mitigating factors.
25Jul 25
IEX Shares Rebound 13% After Record Plunge; Q1 Profit Rises 25% YoY
Indian Energy Exchange (IEX) shares recovered 12.8% to Rs 149.45 following a 30% drop due to CERC's approval of market coupling. Despite regulatory challenges, IEX reported strong Q1 results with 19.2% revenue growth and 25.2% PAT increase. Electricity trading volumes rose 14.9%. Real-Time and Green markets showed significant growth. The power sector saw unique dynamics with slight decrease in electricity consumption but increased supply liquidity on exchanges. Market coupling implementation, set for January 2026, introduces uncertainty for IEX's future market position.
25Jul 25
IEX Reports 25% Surge in Q1 Profit as Electricity Volumes Soar
Indian Energy Exchange (IEX) posted robust Q1 results with a 25.2% increase in consolidated net profit to Rs 120.70 crore and a 19.2% rise in revenue to Rs 184.20 crore. Electricity trading volumes grew by 14.9% to 32.40 billion units, despite a 1.3% decline in overall electricity consumption in India. REC trading saw exponential growth of 149.3%. Average prices in DAM and RTM decreased due to improved supply liquidity. IGX, an IEX associate, reported a 109% increase in traded gas volumes.
25Jul 25
IEX Reports 15% Volume Growth in Q1 FY'26 Amid Regulatory Changes
Indian Energy Exchange (IEX) posted robust financial results for Q1 FY'26, with a 19.20% increase in consolidated revenue to ₹184.20 crore and a 25.20% growth in PAT to ₹120.70 crore. Electricity trading volumes rose 14.90% to 32.40 billion units, with significant growth in Real-Time and Green Market segments. REC trading surged 149.30%. Despite lower power demand, improved supply liquidity led to more competitive pricing. The company faces potential market changes with CERC's order to implement market coupling by January 2026, which could increase competition in power trading.
24Jul 25
IEX Reports Strong Q1 FY'26 Performance, Outlines Decade-Long Growth Strategy
Indian Energy Exchange (IEX) reported robust Q1 FY'26 results with a 19.20% YoY increase in consolidated revenue to ₹184.20 crore and a 25.20% YoY rise in PAT to ₹120.70 crore. Electricity trading volume grew 14.90% YoY to 32.40 billion units. The company unveiled a decade-long growth strategy focusing on increasing power demand, energy market reforms, product innovation, renewable energy integration, and volume expansion. CERC plans to implement market coupling in phases, starting with the Day-Ahead Market by January 2026.
24Jul 25
Indian Energy Exchange Reports Strong Q1 Results with 21% Profit Growth, Appoints New Secretarial Auditors
Indian Energy Exchange (IEX) announced strong Q1 results with consolidated profit after tax reaching ₹120.70 crore, up 25.20% year-on-year. Consolidated revenue increased by 19.20% to ₹184.20 crore. Total electricity volume grew by 15.00% to 32.40 billion units. Renewable Energy Certificates trading saw a 149.30% increase. The company's subsidiary, Indian Gas Exchange, reported a 109.00% growth in traded gas volume and an 86.70% increase in profit after tax. IEX's Board approved the appointment of M/s MNK and Associates LLP as Secretarial Auditors for five years.
24Jul 25
Indian Energy Exchange Sees Massive Block Trade Worth Rs. 245.74 Crores on NSE
Indian Energy Exchange (IEX) experienced a significant block trade on the National Stock Exchange, involving 18,687,400 shares valued at Rs. 245.74 crores. The shares were traded at Rs. 131.50 per share. This large transaction could potentially impact the stock's liquidity and investor perception. IEX is India's leading energy exchange, facilitating trading of electricity, renewable energy certificates, and energy saving certificates.
24Jul 25
Indian Energy Exchange Sees Massive Block Trade Worth Rs. 245.74 Crores on NSE
Indian Energy Exchange (IEX) experienced a significant block trade on the National Stock Exchange (NSE), involving 18,687,400 shares traded at Rs. 131.50 per share, totaling Rs. 245.74 crores. This large-scale transaction highlights substantial interest in IEX's stock and may influence its short-term trading patterns. While the identities of the traders remain undisclosed, the volume of shares traded could impact market sentiment towards IEX, India's premier energy marketplace.
24Jul 25
Indian Energy Exchange Sees Massive Block Trade Worth Rs. 245.74 Crore on NSE
Indian Energy Exchange Ltd. (IEX) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 18,687,400 shares at Rs. 131.50 per share, totaling Rs. 245.74 crore. This substantial trade could potentially impact IEX's shareholding pattern and has drawn attention to the company's market position.
24Jul 25
Indian Energy Exchange Sees Massive Block Trades Worth Rs. 157 Crores on NSE
Indian Energy Exchange (IEX) experienced significant trading activity on the NSE with two large block trades totaling 10,446,731 shares valued at Rs. 157.01 crores. The first trade involved 6,466,030 shares worth Rs. 97.18 crores, while the second trade comprised 3,980,701 shares valued at Rs. 59.83 crores. Both transactions were executed at Rs. 150.30 per share, indicating potential shifts in ownership or strategic moves by institutional investors.
24Jul 25
IEX Shares Plunge 10% on Market Coupling Norms; Retail Investors Exit as Institutions Increase Stakes
Indian Energy Exchange (IEX) shares dropped 10% to ₹169.10 following CERC's approval of market coupling norms set for January 2026 implementation. Retail investors have been exiting, reducing their stake from 39.25% to 29.42% over five quarters. Conversely, institutional investors have increased their holdings, with mutual funds now holding 27.83% and FPIs 18.50%. The stock remains in a 10% lower circuit with 4.10 crore sell orders pending, indicating strong bearish sentiment.
24Jul 25
IEX Shares Dip as Market Coupling Norms Threaten Dominant Position
Indian Energy Exchange (IEX) shares fell 2.40% to ₹187.90 following CERC's approval of Market Coupling norms for the Day Ahead Market, set to begin by January 2026. The new system, which will rotate Market Coupling Operators among power exchanges and use a Market Coupler to match orders, aims to establish uniform pricing across platforms. This change could challenge IEX's current 85% market share in the spot market and potentially redistribute trading volumes among competitors.
08Jul 25
IEX Foresees Extended Delays in Power Market Coupling Implementation
Indian Energy Exchange (IEX) reports that the implementation of market coupling for the power market is likely to experience additional delays due to regulatory and operational uncertainties. The delay is primarily attributed to the lack of definitive decisions from the Central Electricity Regulatory Commission (CERC) and the grid controller. This situation impacts the process of integrating power markets in India, affecting IEX's operations and strategic plans, as well as those of other market participants. The timeline for market coupling remains uncertain, with industry stakeholders closely monitoring developments from regulatory bodies.
04Jul 25
IEX Reports 6.5% Growth in June Electricity Trade Volumes and Significant Surge in REC Trading
Indian Energy Exchange (IEX) saw a 6.5% year-on-year increase in electricity trade volumes to 10,852 million units in June. Real-time electricity market grew by 34%, while the Green Market segment increased by 30%. Renewable Energy Certificate (REC) trading surged by 636% to 32.32 lakh certificates. Q1 results showed a 15% increase in electricity traded volume and a 149% rise in REC trading year-on-year.
03Jul 25
IEX Reports 15% Surge in Power Trade Volume for Q1 FY26 Amid Price Decline
Indian Energy Exchange (IEX) announced a 15% year-over-year increase in power trade volume for Q1 FY26, despite facing lower prices. The growth in trade volume indicates an expanding market for electricity trading and increased activity on the platform. The combination of higher trading volumes and lower prices suggests improved market efficiency and potential cost savings for bulk purchasers. This performance underscores IEX's growing importance in India's power trading landscape.
03Jul 25
Indian Energy Exchange: Electricity Trade Volumes Rise 6.5% in June, Q1 Sees 15% YoY Growth
Indian Energy Exchange (IEX) reported significant increases in electricity traded volumes for Q1 and June 2023. Q1 saw a 15% year-on-year growth, reaching 32,382.00 million units. Real-Time Market grew 41%, Green Market 51%, and Renewable Energy Certificates trading surged 149%. June volumes increased 6.5% to 10,852.00 million units, with Real-Time Market up 34% and Green market up 30%. REC trading volume hit 32.32 lakh certificates in June.
12Jun 25
Indian Energy Exchange Shares Dip as Dalmia Cement Reduces Stake
Dalmia Cement (Bharat) Ltd. has reduced its stake in Indian Energy Exchange (IEX) by 2.44%, causing IEX shares to decline over 2%. Dalmia Bharat now holds a 10.81% stake in IEX. Despite the share price drop, IEX reported a 14% growth in electricity traded volume for May compared to the previous period.
11Jun 25
NSE Secures SEBI Approval for Monthly Electricity Futures Contracts
The National Stock Exchange (NSE) has obtained approval from the Securities and Exchange Board of India (SEBI) to introduce monthly electricity futures contracts. This development is a significant step in expanding India's electricity derivatives market. The new contracts are expected to enhance risk management for power sector participants, increase market liquidity, improve price discovery, and align India's energy trading ecosystem with global practices. The timing and specific details of the contract specifications are yet to be announced by the NSE.
07Jun 25
IEX Reports 14% Surge in Power Trade Volume for May
Indian Energy Exchange (IEX) recorded a power trade volume of 10,946.00 Million Units (MU) in May, marking a 14.00% increase compared to the previous period. This significant uptick in trading volume suggests potential growth in energy demand or increased market activity within the Indian power sector.
06Jun 25
Indian Energy Exchange Sees Significant Block Trade Worth ₹81.29 Crore
A substantial block trade of approximately 4,013,589 shares of Indian Energy Exchange Ltd. (IEX) occurred on the National Stock Exchange (NSE). The transaction was valued at ₹81.29 crore, with shares priced at ₹202.53 each. This significant trade could potentially indicate changes in substantial shareholding or institutional investor activity, though the identities of the buyers and sellers remain undisclosed.
04Jun 25
Indian Energy Exchange Sees Major Block Trade: 10 Million Shares Change Hands
Indian Energy Exchange Ltd. (IEX) experienced a significant block trade on the National Stock Exchange. The transaction involved 10,010,777 shares, valued at Rs. 201.71 crores, with each share priced at Rs. 201.49. This large-scale trade could potentially impact the stock's trading patterns and investor sentiment.
04Jun 25
IEX Reports 14% Increase in Electricity Trade Volume for May, Sets Record in Real-Time Market
Indian Energy Exchange (IEX) achieved exceptional performance in May, with total electricity traded volume reaching 10,946.00 Million Units (MU), a 14.00% year-over-year growth. The Real-Time Market segment hit a record high of 4,770.00 MU, up 42.00% YoY. The Green Market grew by 47.00% YoY to 915.00 MU. However, the Day-Ahead Market declined by 20.00% YoY to 3,510.00 MU. Despite volume growth, prices decreased across markets due to lower demand and increased supply.
06May 25
IEX Reports Robust Growth in Electricity Trading Volume for April 2025
Indian Energy Exchange (IEX) announced a 26% year-over-year increase in electricity trading volume, reaching 10,584 MU in April 2025. The Green Market segment saw a 95% growth. Day-Ahead Market price averaged Rs. 5.20/unit. Real-Time Electricity Market and Term-Ahead Market volumes grew by 48% and 28% respectively. The Green Market traded 782 MU, up from 402 MU in April 2024. REC market traded 2.90 lakh certificates. India's energy consumption increased by 2.2% to 147.5 BUs, with peak power demand hitting a record 235 GW.
05May 25
IEX Power Market Surges: 26% Growth in April 2025 with Green Market Leading the Charge
Indian Energy Exchange (IEX) reported a 26% year-over-year increase in electricity traded volume, reaching 10,584.00 Million Units in April 2025. The Green Market segment saw exceptional growth of 95%, with volumes hitting 782.00 MU. The Real-Time Electricity Market grew by 48%, while the Day-Ahead Market increased by 3%. Despite peak power demand reaching 235 GW, the average market clearing price in the Day Ahead Market remained stable at Rs. 5.20 per unit. The Renewable Energy Certificates market also showed strong activity, with 2.90 lakh RECs traded.
04May 25
Indian Energy Exchange Expects Double-Digit Growth in FY26, Driven by New Products and Increased Liquidity
Indian Energy Exchange (IEX) anticipates double-digit volume growth in FY26, driven by increased sell-side liquidity and new product launches. The company achieved record electricity trading volume of 121 billion units in FY25, an 18.70% year-on-year increase. IEX awaits regulatory approval for new products like Green Real-Time Market and long-duration contracts. The company is also expanding into gas, carbon, and coal exchanges to diversify its portfolio.
25Apr 25
Indian Energy Exchange: Record Trading Volumes and Profit Growth in FY'25
Indian Energy Exchange (IEX) announced strong financial results for FY'25, with record-breaking electricity trading volumes of 121 billion units, up 18.70% YoY. The company's consolidated revenue increased by 19.30% to ₹657.40 crore, while PAT grew 22.30% to ₹429.20 crore. Q4 FY'25 saw a 21.00% rise in net profit to ₹117.11 crore. The Renewable Energy Certificate segment experienced significant growth, with a 136.00% increase in trading volume. IEX's board recommended a final dividend of ₹1.50 per equity share. The company's subsidiaries, Indian Gas Exchange and International Carbon Exchange, also reported strong performances.
24Apr 25
IEX Reports Strong Growth in FY'25 with Record Electricity Volumes and Robust Financial Performance
Indian Energy Exchange (IEX) announced impressive financial results for FY'25, with electricity trading volume reaching 121.00 billion units, up 18.70% YoY. Renewable Energy Certificates trading surged by 136.30%. Consolidated revenue increased by 19.30% to INR 657.40 crore, while profit after tax grew 22.30% to INR 429.20 crore. The company also reported strong Q4 performance and recommended a final dividend of INR 1.50 per share. IEX's subsidiary, Indian Gas Exchange, and its new venture, International Carbon Exchange, also showed significant growth.
24Apr 25
IEX Reports Strong Growth in FY'25 with Record Trading Volumes and Profit
Indian Energy Exchange (IEX) announced impressive results for FY'25, with electricity trading volume reaching 121 billion units, up 18.7% YoY. Renewable Energy Certificate trading surged 136.3% to 178 lakh RECs. Consolidated revenue grew 19.3% to INR 657.40 crore, while PAT increased 22.3% to INR 429.20 crore. The company declared a final dividend of INR 1.50 per share. IEX's subsidiary, International Carbon Exchange, became India's first accredited I-REC issuer, contributing to significant revenue growth.
04Apr 25
IEX Achieves Record-Breaking Performance in FY'25: Electricity Trading and Green Market Soar
Indian Energy Exchange (IEX) achieved unprecedented growth in FY'25, with electricity trading volume reaching 121 billion units, a 19% YoY increase. Green market segment saw 171% YoY growth, while Renewable Energy Certificates trading volume increased by 136% to 178 lakh. Q4FY'25 and March 2025 set new quarterly and monthly records respectively. Despite volume increases, average market clearing price in Day Ahead Market decreased by 15% to Rs. 4.47 per unit. Growth attributed to increased power demand, government measures, improved sell liquidity, and enhanced power generation capacity.
04Mar 25
IEX Reports Robust Growth in February 2025: Electricity Trading Volume Up 9% YoY
Indian Energy Exchange (IEX) experienced significant growth in February 2025. Monthly electricity traded volume increased by 9% year-over-year to 9,622 million units. The Green Market segment grew by 85%, while Renewable Energy Certificates (RECs) trading volume surged by 167%. Day-Ahead Market and Real-Time Electricity Market showed 14% and 23% growth respectively. The Green Day-Ahead Market saw a 95% increase in volume. Despite higher energy consumption, market clearing prices were 11% lower than the previous year at Rs. 4.38/unit.
03Mar 25
IEX Reports Robust Growth in February 2025: 9% YoY Increase in Electricity Trading Volume
Indian Energy Exchange (IEX) announced impressive performance for February 2025. Monthly electricity traded volume reached 9,622 million units, up 9% year-on-year. The green market segment grew by 85%, while Renewable Energy Certificates trading surged 167%. Day-Ahead Market volumes increased 14% to 5,369 MU, and Real-Time Electricity Market grew 23% to 2,887 MU. Despite higher demand, power prices decreased, with the Day Ahead Market price at Rs. 4.38/unit, down 11% year-on-year. Growth factors included milder winter weather, increased power demand, and higher supply-side liquidity.
Indian Energy Exchange
142.02
+3.66
(+2.65%)
1 Year Returns:-17.93%
Industry Peers
BSE
2,790.60
(+4.54%)
MCX
2,235.00
(+2.01%)